Is the United States at risk of losing its status as the world’s reserve currency? And how does the Chinese regime play into all this? In this special report, we look at the currency wars playing out on the world stage, what that means for Americans, and how it stands to impact your bank account….
Currency Wars: Can the Yuan Topple the Dollar?
April 14, 2022
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Foreign Money Flees China Amid Investor Fears
The World Bank says reducing dependence on China is “probably good for everyone.” That’s the organization’s present comments on the issue. Shipping is grinding to a halt on Chinese highways. Lockdown protocols have left truckers trapped in their vehicles, and the backup is now hitting supply chains. That’s as foreign money flees China at breakneck…
Taiwan Releases First Ever Civil Defense Handbook
Shanghai’s lockdown hits Apple. The company’s major suppliers in the region have suspended operations, bringing production to a halt. Three Chinese cities house more billionaires than New York. But China’s GDP per capita remains a small fraction of America’s. What’s behind it? Is Taiwan preparing for war? The island’s military released a handbook for its…
US Consulate in Shanghai Allows Employees to Leave
Fears rise, as the U.S. consulate in Shanghai allows some employees to leave China. Shanghai announces a plan to ease its citywide shutdown. But an official notice asks people to stay inside for now. Will a U.S. push for green energy really counter oil crises? That approach may not be quite so clear-cut, with China…
China’s Central Bank Digital Currency Debut ‘A Sputnik Moment’: James Gorrie
In this special episode, we sat down with James Gorrie, author of “The China Crisis,” writer at The Epoch Times, and blogger for The Banana Republican. He talks about the currency wars. Is the dollar’s dominance going to fall? Gorrie notes the debut of China’s central bank digital currency during the Beijing Winter Olympics. He said,…
China Earned Gold Medal for Virus Handling: Xi Jinping
Shanghai is facing a food crisis as lockdown orders persist. Now, even billionaires are struggling to get what they need. At the same time, violence in the city breaks out. We reached out to local police for details, and got some unexpected answers. A Kansas professor was convicted over concealing ties to China while doing…
Why a Free Taiwan Is Crucial to the US: Experts
April 7, 2022
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No more phones, computers, cars? That’s just one area Americans’ daily lives would be affected if Beijing were to wage war on Taiwan. Bradley Thayer, founding member of the Committee on the Present Danger: China, said that “for too many Western politicians and politicians in the Indo-Pacific, Taiwan is an afterthought when it should be…
US, UK, Australia to Develop Hypersonic Weapons
Three world powers are arming themselves to combat a weapons system the Chinese Communist Party is developing. A $95 million arms sale was made from the United States to Taiwan to help defend the island from missiles. It’s the third purchase under the current president. Back in the spotlight is organ harvesting in China. A…
Apple, Tesla Productions Stalled By China Lockdowns
President Joe Biden believes his son didn’t break any laws. But what is Hunter Biden accused of? Now lawmakers are demanding more records. Another city under China’s lockdown is crippling Apple and Tesla products. Near Shanghai, the major manufacturing hub is stalling production, causing a global supply crisis. China and Ukraine’s foreign ministers held peace…
New Omicron Subvariant Detected Near Shanghai
Thousands of Chinese military personnel are in Shanghai amid a rising virus surge. The global financial hub is now on the front lines of Beijing’s uncompromising battle to eradicate the virus. Chinese Communist Party authorities are taking 2-month-old babies away from their parents, and people are questioning the reason for it. A new subvariant of…
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